AstraZeneca PLC and UPMC Health Plan have signed a novel value-based reimbursement contract for the blood thinner Brilinta (ticagrelor) that shares risk on both sides: UPMC agrees to pay more if Brilinta outperforms expectations and AstraZeneca agrees to pay a bigger rebate if it under-performs. AstraZeneca and UPMC believe it is one of the first value-based contract of its kind to incorporate two-sided risk.
"AstraZeneca pays significantly more rebate to UPMC if the drug doesn't work, as outlined by criteria within the contract. On...
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